Jeffrey D. Jacobson - Mar 1, 2023 Form 4 Insider Report for Cronos Group Inc. (CRON)

Role
Chief Growth Officer
Signature
/s/ Aaron Werner, as attorney-in-fact for Jeffrey D. Jacobson
Stock symbol
CRON
Transactions as of
Mar 1, 2023
Transactions value $
-$10,387
Form type
4
Date filed
3/3/2023, 03:41 PM
Previous filing
Oct 26, 2022
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRON COMMON SHARES Options Exercise $0 +7.02K +3.95% $0.00 185K Mar 1, 2023 Direct F1
transaction CRON COMMON SHARES Tax liability -$10.4K -3.51K -1.9% $2.96 181K Mar 1, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRON COMMON SHARE OPTION (right to buy) Award $0 +188K $0.00 188K Mar 1, 2023 COMMON SHARE OPTION (right to buy) 188K $2.96 Direct F2, F3
transaction CRON RESTRICTED STOCK UNITS Options Exercise $0 -7.02K -5.76% $0.00 115K Mar 1, 2023 COMMON SHARES 7.02K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one common share of Cronos Group Inc.
F2 Price is expressed in Canadian dollars.
F3 The options vest in quarterly equal installments over a four-year period beginning on June 1, 2023, subject to continued employment through each applicable vesting date.
F4 The RSUs vest in two substantially equal installments on each of March 1, 2023 and March 1, 2024